When will Bitcoin stop its correction? - page 3.

FLoving

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Quote from: kobradobra on December 22, 2017, 02:41:06 AM

This is the end of the road for Bitcoin and Cryptocurrencies.
The bubble is finally burst

I will not call this bubble thing, because everywhere around the world the business sees the depressions near Christmas so it is same with bitcoin, how can you call it the bursting of the bubble. Moreover, the phenomenon of crypto currency has taken some real time to develop and even if it’s a bubble, it will not burst this shortly. And if it was a bubble then my question is that why other crypto currencies are still not down?

Whespers78

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Quote from: freddiesaturn on December 21, 2017, 10:50:42 PM

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

unconfirmed transaction and high fee will make crash big than now we will see trading at 10,000$ or less than.

rise again very possible

Baofeng

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As much as we can't predict when the bullish run will end, we can't also predict when the correction will stop. We can wake up tomorrow seeing the price sitting at $20K. LOL. I guess the only thing we can do is just hope that this crash will just stop and people start buying back bitcoins once more.

As for me, I'm just holding on my few stash. Not gonna cash out. I have chances when the price hits $19K, but now? Nah. Probably will buy if the price gets to $11K. Other than that, I will remain call and be patience and just observes what's going on and see why the sudden crashes.

fachant

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The bitcoin market is unstable. A lot of people invest money without knowledge about it. The price falls a few days, which may lead to panic and sell. Although I hope that this is just deeper correction and after Christmas will start to grow again.

Sadnu

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The key problem with bitcoin and other cryptocurrencies is that they are fiat currencies in the true sense of the word. A fiat currency relies on investors confidence for its value. A fiat currency is not backed in gold or some other asset. Most world currencies are fiat currencies, but they are backed by sovereign states. It is rare for a sovereigns States to default on debt which in turn leads to currency collapse.

bingble

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Hoping Bitcoin will stop the correction after the Christmas holidays, and go up in the beginning of 2018. But if it come down under $10k, it will be good chance to buy more.

Sall-Mo

newbie

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Hope that the BTC price drop quickly ended, this feeling is really not very good. However, the price of BTC is still likely to slowly increase after Christmas. It is still very good to invest in bargain hunting now.

Treshkilling

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according to analysts and news, such as saying that he needed to return the bitcoin, but if you drop to 12000, then maybe this will be the sign of a trend change and it will fall to 10,000, and if not fall so much, it got up to soon to go back, maybe after the new year

AlexVoron

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Quote from: freddiesaturn on December 21, 2017, 10:50:42 PM

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

Yes, I think bitcoin will rise again, but BTC did it before the new year. And after the new year will start new correction. I think altcoins will grow to a greater extent than their "grandfather".

HoaNguyen

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The All-in-One Cryptocurrency Exchange

Currently, the rate is declining Bitcoin rapidly before the occasion of Christmas holidays, this explains all sellers to bulk out the Bitcoin USD to shopping for Christmas. This phase is a temporary rate reduction Bitcoin, I'm confident that after Christmas is over, the rate will increase Bitcoin strongly back in the year 2018, promises to increase the level of 20000 dollars on exchange rates. And the important thing is that the future of the currency will be the Bitcoin.

Ranly123

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Quote from: freddiesaturn on December 21, 2017, 10:50:42 PM

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

It would probably rise back on track when investors stop dumping their bitcoins. For now is christmas and people need money for the celebration, they start selling bitcoin to have funds. When people start buying bitcoin again the price would most likely rise like what happened in the last quarter of this year.

lalabotax

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Quote from: audaciousbeing on December 22, 2017, 02:37:37 AM

I cannot but be glad with whatever correction that is happening now because even if anyone should get worried, there is nothing you can do about stopping the slope of price. Just be glad in it and enjoy the flow of things. But surprisingly is how people are, just last week or thereabout when the price was increasing, you wake up and realize that price has appreciated by minimum of $500, no questions asked, proclaiming the kingship of bitcoin over all other coins.

But now, its about the end, jumping the ship, looking for alternative, someone even suggested LTC, and a whole lot of others. Guys when price picks up again, dont be the fool who played to the gallery and then blame everyone else except himself for the choices he made.

I agree with what you say. but basically this is normal in the world of exchanges. the end of the year is a factor of the decline. so try to think clearly of the panic mode. many other alternatives that can still be done. or just hold and wait until everything is normal.

kobradobra

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This is the end of the road for Bitcoin and Cryptocurrencies.
The bubble is finally burst

audaciousbeing

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I cannot but be glad with whatever correction that is happening now because even if anyone should get worried, there is nothing you can do about stopping the slope of price. Just be glad in it and enjoy the flow of things. But surprisingly is how people are, just last week or thereabout when the price was increasing, you wake up and realize that price has appreciated by minimum of $500, no questions asked, proclaiming the kingship of bitcoin over all other coins.

But now, its about the end, jumping the ship, looking for alternative, someone even suggested LTC, and a whole lot of others. Guys when price picks up again, dont be the fool who played to the gallery and then blame everyone else except himself for the choices he made.

ccus2512

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i think still long time. because bitcoin already started to changed the world.

Robert Ryan

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Correction is a normal process of any financial market. I think it is too early to predict when it will stop. Yes it will gain go upwards. But how much it will retrace that's to see. People are encashing before Christmas and New Year. Hold your breath and watch.

The_Real_One

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Quote from: daweller on December 21, 2017, 11:12:57 PM

there is no correction. 1 BTC will always just be one BTC, regardless of any fiat.

Very good.

moetimas

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this seems to have been predicted before, when Christmas will arrive, so will many people who want to sell their bitcoin, maybe for shopping, fun with family, and others. But for me, this is not a big deal, because I believe after passing through christmas and new year, the bitcoin price will go up and surpass the highest price this year.

spasmadness

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Quote from: freddiesaturn on December 21, 2017, 10:50:42 PM

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

I h ope before the end of the year, this last 4 months were just crazy related to the crypto world, alts and btc prices are going crazy..
ups and downs, flucatations of K's.

EvilKingfisher55

newbie

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Yeah, better enjoy the christmas and new year first before worrying the bitcoins price. It will pump again next year I am sure. LOL

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